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Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
iShares iBoxx $ High Yield Corporate Bond ETF (PACF:HYG)
Bear Market Rally (-75) - HYG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HYG as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HYG?
MarketClub looks at technical strength and momentum to determine if the timing is right for HYG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HYG
The long-term trend has been DOWN since Oct 6th, 2021 at 86.950
The intermediate-term trend has been UP since Jul 15th, 2022 at 75.360
The short-term trend has been DOWN since Aug 17th, 2022 at 78.255
Smart Scan Analysis for HYG
Based on our trend formula, HYG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 77.330 | 77.370 | 76.780 | 76.925 | -0.815 |
| Prev. Close | Volume | Bid | Ask | Time |
| 77.740 | 43359221 | 2022-08-19 15:59:40 |
| Year High | 88.03 | Year High Date | 2018-01-08 |
| Year Low | 82.7 | Year Low Date | 2018-11-20 |
| 52wk High | 88.16 | 52wk High Date | 2021-09-23 |
| 52wk Low | 72.89 | 52wk Low Date | 2022-06-13 |
| Year End Close | 93.35 | Average Volume | 30,079,529 |
| Shares Outstanding | 202,500 | Assets | 160,249M |
| Beta | -0.23000000 | Volatility | 5.63 |